News & Analysis

  1. nypd-viral-marketing

    Unfazed by #myNYPD disaster, the NYPD turns to social media to hear public complaints

    No matter how many times the New York Police Department is burned when it tries to reach the public on social media, it still seems to believe the disconnect between officers and the public can be bridged with a hashtag or status update. The New York Times reports that the NYPD wants to provide the public with a platform through which they can air their concerns — so long as those concerns are centered on abandoned bikes, traffic congestion, and other minor issues.…
  3. amazongif

    Amazon demands employees sign 18-month non-compete agreement to get a three-month-long job

    Amazon’s warehouse workers have it rough. The positions are often seasonal, pay little more than minimum wage, and require workers to be searched before leaving the warehouse, a sometimes-lengthy process for which they aren’t paid. And that’s forgetting the exhausting labor and long shifts these jobs require. Yet the problems don’t end there. The Verge reports that these workers must sign non-compete agreements, even if they’re only employed for the season, and permanent workers must agree to honor…
  4. _81925461_81925460

    The one wild possibility missing from most of the equally baseless Germanwings speculation

    French prosecutors have said they believe the Germanwings co-pilot deliberately crashed his Airbus 320 into the mountain after locking the plane’s captain out of the cockpit. If that horrifying theory turns out to be correct, the question millions of air passengers will want answered, and fast, is: Why? Right now, most people seem keen to blame either terrorism, or mental illness. So far we don’t know much about the co-pilot, 28-year-old Andreas Lubitz, except that he comes from suburban Germany, loved flying, and that his…
  5. strictly-business

    Slack to raise up to $160M at $2.76B valuation

    The Wall Street Journal has more details about Slack’s new funding round: the company is set to raise up to $160 million at a $2.76 billion valuation from numerous investors. Horizons Ventures is said to be the largest contributor to the round with a $50 million investment. Here’s a clip from our PandoMonthly interview with Slack CEO Stewart Butterfield, who said that valuations are “arbitrary as fuck.” [Source: WSJ]
  7. pando-inside-baseball

    HBO and Vice announce new deal

    HBO has announced a new partnership with Vice which will result in the magazine-turned-media-giant producing a daily news show, more special features, and the creation of a dedicated Vice channel on the upcoming HBO Now streaming service. [Source: HBO]
  8. pao-kleiner-perkins-trial

    Kleiner lead attorney: “I’ve lost all my feminist street cred in this case”

    “When Ms. Pao called John Doerr and all of them out about the culture….and demanded changes they were unwilling to make, that is when she got fired. Just remember that you are the conscience of this community and let Kleiner Perkins and venture capital know that every employee that works hard and gives what is expected deserves a fair and equitable workplace.” At 11:21am on Wednesday, closing arguments in the Ellen Pao v. Kleiner Perkins trial concluded, with Pao’s attorney…
  9. Meh cat

    Hong Kong authorities give a giant “meh” to regulating bitcoin

    What the appropriate governmental response when citizens of your country have been scammed out of millions of dollars in wealth in a crypto-currency get rich quick scheme. Well, if you’re Hong Kong, apparently the answer is not much of anything. As Pando an others have reported, supposed bitcoin exchange MyCoin emerged as a multi-million dollar Ponzi scheme earlier this year. The Commercial Crime Bureau, which puts losses at (a surprisingly modest given early reports) $180 million HKD (US$23.2 million),…
  11. uber

    Police raid Uber’s Amsterdam office

    Dutch authorities have raided Uber’s office in Amsterdam to learn more about Uberpop, “a cheap service that was banned by a Dutch court in December because the drivers lack professional licenses required under Dutch law,” according to the Wall Street Journal. [Source: WSJ]
  12. canary

    Red Canary mixes technology and human intuition to help companies fight cyber threats

    Many cybersecurity companies are racing to create the most innovative technology to track, watch, and hopefully prevent cyber attacks. A recently launched company, however, is taking more of an old school approach to protecting data and ensuring the safety of computer networks. Virginia-based security company Kyrus, which was founded by a group of former employees from intelligence and defense contractor ManTech, and which developed a highly-regarded end point security company Carbon Black, is betting heavily on a newly-unveiled cyber startup called Red Canary…
  14. periscope

    Twitter releases Periscope to put Meerkat back in its hole

    Twitter has released Periscope, the live-streaming iPhone app it acquired before Meerkat captured the attention of a million tech bloggers. There’s a lot to like about Periscope. It has a more attractive design than Meerkat, it allows users to communicate with each other via comments and “hearts,” and videos remain available for later viewing instead of vanishing when the stream ends. Periscope also has access to Twitter’s social graph, which makes it easy to find the people you already follow on…
  15. strictly-business

    BetterCloud raises $25M

    BetterCloud has raised a $25 million funding round led by Accel Partners to continue developing “insights, management, and security for cloud office platforms” such as Google Drive and Office365. [Source: BetterCloud]
  16. elsewhere

    Here’s what Facebook announced at F8

    Facebook announced a slew of updates and releases at its F8 developer conference. Those include an application platform for Messenger, which will also facilitate conversations with businesses; Facebook Analytics for Apps, which does what it says on the tin; new share sheets, plugins, and the like; a mobile ad exchange; and updates to both the Graph API and Facebook SDK. Oh, it also made it easier for companies…
  18. strictly-business

    Meerkat raises Greylock-led funding round

    Meerkat has raised a Series B funding round led by Greylock Partners. Broadway Video Ventures also participated in the round, through which Meerkat is said to have raised $12 million at a $52 million post-money valuation. [Source: TechCrunch]
  19. press-release

    Amazon Prime Now heads to Dallas

    Amazon Prime Now, the delivery service that allows consumers to have goods shipped to their homes within one or two hours, has made it to Dallas. The service was first available in Manhattan and Brooklyn; it later expanded to Baltimore and Miami. [Source: Amazon]
  20. Tow truck

    Honk raises a stout $12M Series A to free stranded motorists from their auto-club shackles

    Honk, which might be the greatest thing to happen to stranded motorist since run-flat tires, has raise a massive Series A round of funding. The Santa Monica-based on-demand, mobile towing and roadside service startup now has an additional $12 million in its war chest with which to disrupt the legacy towing industry. The round was led by Altpoint Ventures, with participation from existing investors Structure Capital, Karlin Ventures, Expansion VC, and Venture51. The round brings Honk’s total funding

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